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First two wind projects of Bid Window 5 reach financial close

The projects valued at R7.7 billion and with a capacity of 280MW are expected to be constructed and online before November 2024. ....

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TAKE A LOOK | This R11bn 'salt tower' will power many households in SA

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A rendition of what the CSP Redstone Molten Salt tower will look like. Credit: ACWA
New details have been released about the concentrated solar power (CSP) plant that will be built 30km east of Postmasburg in the Northern Cape. It will be the first of its kind in Sub-Saharan Africa.
The project is being developed by Saudi-based ACWA Power, which won a bid as part of the South African Renewable Energy Independent Power Producers’ Procurement Programme (REIPPPP).
Construction has already started on the R11.5 billion project, called the Redstone CSP Tower. It is expected to generate 100MW in electricity – and power more than 210 000 households during peak demand periods, according to Investec, which along with Absa, arranged financing for the project. ....

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